Chapter 02 0 2 Lightning, Inc., has sales of $638,000, costs of $329,000, depreciation expense of $74,000, interest expense of $39,000, and a tax rate of 21 percent. The firm paid out $69,000 in cash dividends and has 35,200 shares of common stock outstanding. 0.75 points a. What is the earnings per share, or EPS, figure? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the dividends per share figure? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) eBook a Earings per share Dividends per share b Hint References Saved Chapter 02 3 Maria Lipa is single and had $198,400 in taxable income. Use the rates from Table 2.3. (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Calculate her income taxes. 0.75 points Income taxes eBook References Saved Chapter 02 Maria Lipa is single and had $195,200 in taxable income. Use the rates from Table 2.3. 4 a. What is the average tax rate? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the marginal tax rate? (Enter your answer as a percent rounded to the nearest whole number, e.g., 32.) 0.75 points a %% Average tax rate Marginal tax rate b. % eBook References Taxable income Tax Rate TABLE 2.3 Personal tax rates for 2018 (unmarried Individuals) $ 0- 9,525 9,525- 38,700 38,700- 82,500 82,500- 157,500 157,500- 200,000 200,000- 500,000 500,000+ 10% 12 22 24 32 35 37